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using this information solve for part a. On December 31,2024, Ayayai inc. borrowed 51,350,000 at 139 payable annually to finance the construction of a new
using this information solve for part a.
On December 31,2024, Ayayai inc. borrowed 51,350,000 at 139 payable annually to finance the construction of a new building. In 2025, the company made the following expenditures related to this building lune 1, $540,000 : July 1, 5810,000 : September 1 . $1,620,000; December 1,\$810,000. The building was completed in April 2026. Additional information is prowided as follows: (a) Determine the amount of interest to be capitalized in 2025 in relation to the construction of the building (Round answer fo 0 decimal places, es. 5, 125J The arount of interest Step by Step Solution
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